Share Name Share Symbol Market Type Share ISIN Share Description
Pantheon Resources LSE:PANR London Ordinary Share GB00B125SX82 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.16p -0.92% 17.24p 17.24p 17.50p 17.70p 17.30p 17.32p 1,365,990 16:35:29
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -1.7 -0.8 - 40.94

Pantheon Resources PLC Director/PDMR Shareholding

14/06/2018 2:57pm

UK Regulatory (RNS & others)


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RNS Number : 4511R

Pantheon Resources PLC

14 June 2018

14 June 2018

Pantheon Resources plc

Director/PDMR Shareholding

Pantheon Resources plc ("Pantheon" or "the Company"), the AIM-quoted oil and gas exploration company with a 50% - 75% working interest in several conventional project areas in Tyler and Polk Counties, onshore East Texas, announces that pursuant to an amicable divorce settlement, Jay Cheatham has transferred 1,777,124 ordinary shares of GBP0.01 each in the Company ("Shares") to his ex-wife, Kellee Cheatham, for nil consideration. Mrs Cheatham has indicated her support for the company going forward.

Following this transaction, Jay Cheatham, CEO of Pantheon, holds 1,983,404, which represents 0.84% of the Company's issued share capital.

Notification and public disclosure of transactions by persons discharging managerial responsibilities and persons closely associated with them

(Disclosure in relation to exercise of share options and sale of shares)

 
        Details of the person discharging managerial responsibilities 
   1     / person closely associated 
 a)     Name                                     Jay Cheatham 
       ---------------------------------------  --------------------------------------- 
 2      Reason for the notification 
       -------------------------------------------------------------------------------- 
 a)     Position/status                          Chief Executive Officer 
       ---------------------------------------  --------------------------------------- 
 b)     Initial notification                     Initial notification 
         /Amendment 
       ---------------------------------------  --------------------------------------- 
 3      Details of the issuer, emission allowance market participant, 
         auction platform, auctioneer or auction monitor 
       -------------------------------------------------------------------------------- 
 a)     Name                                     Pantheon Resources plc 
       ---------------------------------------  --------------------------------------- 
 b)     LEI                                      213800SWHY5DNQS64J23 
       ---------------------------------------  --------------------------------------- 
 4      Details of the transaction(s): section to be repeated 
         for (i) each type of instrument; (ii) each type of transaction; 
         (iii) each date; and (iv) each place where transactions 
         have been conducted 
       -------------------------------------------------------------------------------- 
 a)     Description of the                       Ordinary Shares of 1 pence each 
         financial instrument, 
         type of instrument 
         Identification code                      GB00B125SX82 
       ---------------------------------------  --------------------------------------- 
 b)     Nature of the transaction                Transfer of ordinary shares 
       ---------------------------------------  --------------------------------------- 
 c)     Price(s) and volume(s)                   Price(s)             Volume(s) 
                                                -------------------  ------------------ 
   Nil                                                                1,777,124 
  -----------------------------------------------------------------  ------------------ 
 d)     Aggregated information                   Not applicable - single transaction 
       ---------------------------------------  --------------------------------------- 
 e)     Date of the transaction                  14 June 2018 
       ---------------------------------------  --------------------------------------- 
 f)     Place of the transaction                 Outside a trading venue 
       ---------------------------------------  --------------------------------------- 
 

-Ends -

Further information:

 
                                                    +44 20 7484 
 Pantheon Resources plc                              5361 
 Jay Cheatham, CEO 
 Justin Hondris, Director, Finance and Corporate 
  Development 
 
 Stifel Nicolaus Europe Limited (Nominated          +44 20 7710 
  Adviser and broker)                                7600 
 Callum Stewart 
 Ashton Clanfield 
 Nicholas Rhodes 
 
                                                    +44 20 3727 
 FTI Consulting                                      1000 
 Ed Westropp 
 James Styles 
 

For further information on Pantheon Resources plc, see the website at: www.pantheonresources.com

The information contained within this RNS is considered to be inside information prior to its release.

Neither the contents of the Company's website nor the contents of any website accessible from hyperlinks on the Company's website (or any other website) is incorporated into, or forms part of, this announcement.

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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June 14, 2018 09:57 ET (13:57 GMT)

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